This new reel is advertised as machined aluminum. Was that the case with the vintage reels? Personally, I wouldn't pay more than $50 for any reel, but if I did, it wouldn't be this one. Orvis CFO for my standard trout reel is a lottery-fantasy of mine.
OK from PennKev's link:
"Old-school Medalist were made of cast aluminum. Strong, but not nearly as strong as the new barstock aluminum models. Perhaps most appealing to the click-and-pawl fanatic is that the guts are all metal, and modeled after Hardy internals. In fact, the only plastic on the reel is the vintage yellow handle."